Suleiman Al-Tuwaijri, CEO of the Nationwide Agricultural Growth Firm – NADEC
He mentioned Suleiman Al-TuwaijriCEO of the corporate Nationwide Agricultural Growth – NADECThe central and japanese areas had been in best demand for the corporate’s merchandise throughout the third quarter of 2025, which contributed to reaching exceptional progress in gross sales of the protein sector.
Al-Tuwaijri defined involved with: numbersGross sales of the protein sector elevated by about 62.7 million riyals, a rise of 66% in comparison with the identical interval of the earlier yr, anticipating secure efficiency throughout the fourth quarter of this yr.
He acknowledged that the distribution of the corporate’s revenues is throughout Third quarter 88% got here from the dairy and meals processing sector, 5% from the agriculture sector, and seven% from the protein sector.
Concerning the monetary outcomes, Al-Tuwaijri defined that working earnings recorded an enchancment of 0.4% in comparison with the identical quarter of final yr, whereas internet revenue was affected by altering the strategy of accounting for funding within the Arabian Mills Firm. He added that when this accounting impact was excluded, the corporate’s internet revenue would have elevated by 3.76%.
He burdened that the corporate’s expectations for the rest of 2025 are in keeping with Nadec’s strategic and operational plan, and that no basic occasions are anticipated to happen throughout the coming interval.
